729 LAKEWAY Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 22, 2024 | Listed by Home Pros Real Estate Group | $299,900 | |
| Listed by Home Pros Real Estate Group | |||
| Dec 6, 2007 | Sold | ||
| Sold | |||
| Sep 30, 2007 | Listed by We Sell Homes | $169,950 | |
| Listed by We Sell Homes | |||
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Water front unit.Terra Cotta Entry is under carpet in dining area.Pueblo tiles on kitchen counters.Tuscan texturing on walls. Carpet allowance so new buyer can put carpet or hard surfaced flooring of their choice. This property was tennant occupied.We are working on some details left unattended. Now is the time to make an offer.Tax rolls show value at $186,500.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017